Pelham, TN is a great place to live. It offers its residents an affordable cost of living with many amenities nearby. The two bedroom rental rate is $960 in Pelham, which is less than the US average of $1,430. In addition, grocery costs are much lower with the cost index in Pelham at 97 versus the US average of 100. There are many local companies in Pelham such as Tennova Healthcare and Amazon Fulfillment Center that offer employment opportunities or convenience. With its affordable housing options and proximity to major employers, Pelham offers residents a desirable location to live.
Pelham has an unemployment rate of 6.6%. The US average is 6.0%.
Pelham has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Pelham
- The Sales Tax Rate for Pelham is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Pelham is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Pelham
- The average income of a Pelham resident is $34,142 a year. The US average is $37,638 a year.
- The Median household income of a Pelham resident is $0 a year. The US average is $69,021 a year.